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Member Articles


Five Tips for a Smooth Financial Statement Audit in a Rocky Year

As this unusual school year draws to a close, you’re probably already thinking about how preparing for your district’s financial audit might be different this year. Here are five tips to make the process run more smo ...

Information for Audit Committees: New Requirements for Auditing Accounting Estimates and Use of Specialists

Audit committees should become familiar with two new accounting requirements from the Public Company Accounting Oversight Board (PCAOB) regarding auditing accounting estimates, including fair value measurements, and the ...

Audit of the future

Mercer & Hole's audit and business advisory partner Andy Turner gives his view on how technology is advancing the process of audit and what we might expect to see in the audit of tomorrow. Where are we now?The pace of t ...

AICPA to Make Private Company Auditing Standards More Similar to Public Company Standards

The AICPA’s Auditing Standards Board (ASB) is taking steps to enhance the consistency of financial reporting between public and private companies. A new omnibus auditing standard will cover standards on related parties ...

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